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Rental Market Trends in Elmira, NY

What is the average rent in Elmira, NY?

$1,277/month

Average Rent

710 Sq Ft

Average Apartment Size

+4.2%

Increase in the Last Year

As of May 2025, the average rent in Elmira, NY is $1,277 per month. This is 22% lower than the national average rent of $1,627/month, making renting in Elmira more affordable than most cities in the US. When you rent an apartment in Elmira, you can expect to pay about $1,291 per month for a studio, $1,277 for a one-bedroom apartment, and around $1,195 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,291/month
470 Sq Ft
One Bedroom
$1,277/month
710 Sq Ft
Two Bedroom
$1,195/month
974 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,618/month
1,865 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,289/month
919 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Elmira, NY?

In the past year, rent has increased by 4.2%, which averages out to $54 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Elmira, NY
Last Updated May 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Elmira, NY
Percentage*
Rent Range
17% Below $700/month
25% $700 - $1,000/month
33% $1,001 - $1,500/month
25% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Elmira?

Based on current rent prices, Near Westside Historic District and Downtown Elmira" are the most affordable neighborhoods in Elmira.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Near Westside Historic District
$1,250/month
625 Sq Ft
Downtown Elmira
$1,342/month
652 Sq Ft

What are the most expensive neighborhoods in Elmira?

Based on current rent prices, Downtown Elmira and Near Westside Historic District" are the most expensive neighborhoods in Elmira.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Elmira
$1,342/month
652 Sq Ft
Near Westside Historic District
$1,250/month
625 Sq Ft

Which Elmira neighborhoods have the most rentals available?

The neighborhoods in Elmira with the most apartments available are Downtown Elmira and Near Westside Historic District" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Elmira
$1,342/month
652 Sq Ft
Near Westside Historic District
$1,250/month
625 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Elmira, NY?

Because the average rent in Elmira is $1,277, you’ll want to make about $4,256 per month or $51,072 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Elmira, NY

75 Available Apartments for Rent

Search for Nearby Apartments

How does Elmira, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare Elmira, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Elmira, NY

Apartment Averages

Near Westside Historic District

Elmira, NY

Downtown Elmira

Elmira, NY

Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Apartment communities in Elmira we think you'll love

Six67 College Avenue

Six67 College Avenue

667 College Ave,
Elmira, NY 14901

1-2 Beds | $1,647 - $2,223

100 West Water Apartments

100 West Water Apartments

100 West Water St,
Elmira, NY 14901

1-2 Beds | $1,440 - $2,025

Mark Twain Building

Mark Twain Building

154-184 N Main St,
Elmira, NY 14901

1-2 Beds | $1,295 - $1,795

708 Linden Pl

708 Linden Pl

708 Linden Pl,
Elmira, NY 14901

1 Bed | $875

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United States New York Elmira Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity